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Dr. Sanders Keynotes Morgan State University First Africa Business Conference
Baltimore's Morgan State University (MSU) held its first Africa Business Conference at the University 's new Earl Graves Business Center. Dr. Sanders served as the event's scene setting keynote speaker to highlight current trends in Africa's consumer markets, middle class growth, entrepreneurship and best sector for US companies, especially small business, to engage in the Africa Region.
Dr. Hu (l) organizer of the event
Her remarks were followed by her 34th book signing event for her recent book "The Rise of Africa's Small and Medium Size Enterprises: Spurring Development and Growing the Middle Class."
The conference was attended by small businesses, domestic and international academics, students and non-governmental organizations.
Below left Sanders is with MSU students, professors and international participants of the conference.
On right Dr. Sanders highlights the growing number of African consumers with disposable income, and the impact of the new African Continental Free Trade Area (AfCTA), which will make the region have a $USD 2.4 trillion dollar market, the largest in the world. The new AfCTA agreement was signed by 44 African countries and is now making the ratification rounds in each country. The goal is to seek ratification by 22 countries in order for the treaty to come into affect. South Africa, although it did not sign initially said it plans to once it is reviewed so it is in line with its constitution. Nigeria has not yet signed the agreement. (A FEEEDS BlogSpot)